FirmaIQ
Org.nr 924 301 767 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET SLETTEBØ AS: årsregnskap 2021 vs 2020

Grew 13% on revenue

approved 2022-04-29; registry 2022-05-02; journal 2022 245599

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET SLETTEBØ AS. Revenue 1.70m NOK → 1.92m NOK (+13.5%). Net result +342.9k NOK → +391.1k NOK. Equity 437.3k NOK → 328.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET SLETTEBØ AS.

At a glance

Scorecard

Revenue
1.70m NOK 1.92m NOK
+13.5%
Operating result
+436.5k NOK +501.4k NOK
+14.9%
Net result
+342.9k NOK +391.1k NOK
+14.0%
Equity
437.3k NOK 328.4k NOK
-24.9%
Cash
1 577 NOK 487.2k NOK
+30793.0%
Total assets
1.94m NOK 906.9k NOK
-53.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.70m NOK to 1.92m NOK (+13.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +436.5k NOK → +501.4k NOK (op. margin 25.7% → 26.1%). Calculated

  • ↑

    Net result improved

    Net result +342.9k NOK → +391.1k NOK (net margin 20.2% → 20.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 577 NOK → 487.2k NOK (+30793.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 437.3k NOK → 328.4k NOK (equity ratio 22.5% → 36.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 661 NOK → 771.6k NOK (0% → 40% of revenue). Calculated